China has dispatched a team of officials to conduct on-site inspections at Didi as part of a probe into the ride-hailing giant. From a report: Officials from the Cyberspace Administration of China, Ministry of Public Security, Ministry of State Security, Ministry of Natural Resources, as well as the tax, transport and antitrust regulators are beginning an investigation into Didi’s data security, according to a statement released by the cyberspace watchdog Friday. Days after Didi’s initial public offering in the U.S. on June 30, the CAC announced the probe into Didi and ordered app stores to remove its services within China. The probe into Cheng Wei’s ride-hailing firm set off renewed scrutiny over China’s tech giants, which had already been under pressure from antitrust regulators over alleged abuses in areas like pricing and forced exclusivity, and expanded Beijing’s tech crackdown to include greater oversight over data and foreign IPOs.
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